Bitmain targets the USA for its line of ASIC for Bitcoin ANTMINER S21 Pro

Bitmain, famous Chinese company of ASIC for Bitcoin, is now targeting the USA for its line of ANTMINER S21 Pro. The company in the mining sector has promised that the delivery of the first batch will take place this December

Bitmain expands in the USA with its line of ASICs for Bitcoin (BTC) mining

Bitmain, a Chinese company that produces ASICs for Bitcoin (BTC) mining, has announced its intention to expand in the USA

*BITMAIN Launching U.S. Production Line* BITMAIN is thrilled to announce the launch of its new production line in the United States. This strategic move aims to provide faster response times and more efficient services to the North American customers. The first batch of ANTMINER… pic.twitter.com/fPdszt1rnb

— BITMAIN (@BITMAINtech) December 9, 2024

In practice, Bitmain is launching its new production line of ANTMINER S21 Pro in the United States. Not only that, the Chinese company has promised that the delivery of the first batch will take place this December

The choice of expansion in the United States by Bitmain is not random. In fact, according to its words, it is a strategic choice aimed at providing faster response times and more efficient services for North American customers

Basically, however, with Trump’s victory in the 2024 presidential elections, the United States seems to have changed its approach to the leader of cryptocurrencies

Bitmain and the choice of the USA to launch its new ASICs for Bitcoin mining

Bitmain seems to want to be considered in the mission of Donald Trump to make ‘the United States leader of Bitcoin’.

Specifically, last July, Trump together with the Republican National Committee had introduced a new official platform in support of crypto, which also defends the right to mine BTC.

In any case, after his election, more and more prominent figures in the USA are recognizing and considering Bitcoin. Just recently, even the Treasury of the USA officially defined BTC as “digital gold” in its report. A few days earlier, Jerome Powell, Chairman of the Fed, stated that Bitcoin is like gold in financial markets.

In a much more favorable context than before or in other countries, Bitmain seeks to position itself. On the other hand, according to some reports, it seems that Bitmain holds a market share of 90% of Bitcoin miners

A separate discussion, however, is made by its promise to deliver the first batch of the new ASIC (Application-Specific Integrated Circuit) production line, ANTMINER S21 Pro, in this same month of December

The problems at customs

Despite Bitmain targeting the USA market, it remains a manufacturing company based in China

In this regard, at the end of November news was circulating that the U.S. Customs and Border Protection Agency had delayed the delivery of Bitmain’s ASICs at U.S. entry ports

Some US miners were forced to wait two months to access the hardware produced by Bitmain due to the delay. On this matter, however, Bitmain responded publicly, stating that it is not involved in any “supply chain investigation” as reported by the media recently.”

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Humayunmiahvip
· 2024-12-15 01:36
Buy the Dip 🤑
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